Roll cover manufacturer and roll systems supplier SchaeferRolls GmbH & Co. KG has expanded its interest in Sava-Schaefer d.o.o., Kranj (Slovenia) from
the 50% share it has successfully held since 2001 to 100%. This means that the
Renningen-based company now holds all shares formerly held by Slovenian
co-partner Sava d.d.

Gregor Azman, managing director of Sava-Schaefer d.o.o. since 2007, will
continue to lead the company under the new company name SchaeferRolls d.o.o.
Michael Schwahn, who is also a managing shareholder of SchaeferRolls GmbH & Co. KG, has been appointed as a further managing director. SchaeferRolls d.o.o.
has 40 employees, producing rubber and polyurethane based roll covers in Kranj,
Slovenia. Its products are primarily aimed at the Eastern European paper, film,
textile, furniture, and metal industries.

The decision to fully acquire the Slovenian company reflects the consistent
implementation of the international growth strategy of SchaeferRolls. The aim
is to achieve the prerequisites for intensifying know-how exchange by means of
product specialization and the transfer of standards and experience in
production and to consolidate the company's market position by extending its
sales network to tap new market shares in Eastern Europe.